BOARD OF ADMINISTRATION - Meeting of Federated City Employees' Retirement System and Federated City Employees' Health Care Trust on 6/18/2026 at 8:30 AM

14-10830

Wed, 10 Jun 2026 20:15:36 GMT

File #: 14-10830
Ver.: 1
Agenda #: a.
Type: Service Retirement
Title: Randy Bourbon, Water System Operator III, Environmental Services Department, effective August 1, 2026; 26.24* years of service. (With Reciprocity = 19.39 PERS + 6.85 CSJ = 26.24 YOS)
Action:
Result:

14-10801

Wed, 10 Jun 2026 20:15:36 GMT

File #: 14-10801
Ver.: 1
Agenda #: b.
Type: Service Retirement
Title: Laura L. Burke, Principal Accountant, Environmental Services Department, effective June 20, 2026; 21.73* years of service.
Action:
Result:

14-10840

Wed, 10 Jun 2026 20:15:37 GMT

File #: 14-10840
Ver.: 1
Agenda #: c.
Type: Service Retirement
Title: Christina N. Campbell, Public Safety Communication Specialist, Police Department, effective July 18, 2026; 28.96* years of service.
Action:
Result:

14-10797

Wed, 10 Jun 2026 20:15:36 GMT

File #: 14-10797
Ver.: 1
Agenda #: d.
Type: Service Retirement
Title: Sandra Cranford, Executive Assistant to the City Manager, City Manager’s Office, effective July 18, 2026; 25.87* years of service.
Action:
Result:

14-10804

Wed, 10 Jun 2026 20:15:36 GMT

File #: 14-10804
Ver.: 1
Agenda #: e.
Type: Service Retirement
Title: Veronica L. Estrada, Network Technician III, Library Department, effective July 18, 2026; 23.37* years of service.
Action:
Result:

14-10794

Wed, 10 Jun 2026 20:15:36 GMT

File #: 14-10794
Ver.: 1
Agenda #: f.
Type: Service Retirement
Title: Patrick Hernandez, Gardener, Parks, Recreation and Neighborhood Services, effective July 4, 2026; 30.01* years of service.
Action:
Result:

14-10805

Wed, 10 Jun 2026 20:15:36 GMT

File #: 14-10805
Ver.: 1
Agenda #: g.
Type: Service Retirement
Title: Tracy A. Keifer, Code Enforcement Inspector II, Planning, Building and Code Enforcement, effective July 18, 2026; 21.78* years of service.
Action:
Result:

14-10796

Wed, 10 Jun 2026 20:15:36 GMT

File #: 14-10796
Ver.: 1
Agenda #: h.
Type: Service Retirement
Title: Joshua Kenton, Principal Engineering Technician, Public Works Department, effective July 4, 2026; 30.01* years of service.
Action:
Result:

14-10799

Wed, 10 Jun 2026 20:15:36 GMT

File #: 14-10799
Ver.: 1
Agenda #: i.
Type: Service Retirement
Title: Shailendra Kumar, Deputy Director, Public Works Department, effective June 20, 2026; 27.87* years of service.
Action:
Result:

14-10795

Wed, 10 Jun 2026 20:15:36 GMT

File #: 14-10795
Ver.: 1
Agenda #: j.
Type: Service Retirement
Title: Sandra Lopez, Principal Office Specialist, Police Department, effective June 20, 2026; 21.77* years of service.
Action:
Result:

14-10793

Wed, 10 Jun 2026 20:15:36 GMT

File #: 14-10793
Ver.: 1
Agenda #: k.
Type: Service Retirement
Title: Zulma Villagrana-Maciel, Director, City Manager’s Office, effective August 1, 2026; 30.55* years of service.
Action:
Result:

14-10798

Wed, 10 Jun 2026 20:15:37 GMT

File #: 14-10798
Ver.: 1
Agenda #: l.
Type: Service Retirement
Title: Steven W. Pendleton, Senior Development Officer, Housing Department, effective June 6, 2026; 10.92* years of service.
Action:
Result:

14-10807

Wed, 10 Jun 2026 20:15:36 GMT

File #: 14-10807
Ver.: 1
Agenda #: m.
Type: Service Retirement
Title: Rory J. Pete, Airport Maintenance Supervisor, Airport Department, effective July 18, 2026; 11.88* years of service.
Action:
Result:

14-10803

Wed, 10 Jun 2026 20:15:36 GMT

File #: 14-10803
Ver.: 1
Agenda #: n.
Type: Service Retirement
Title: Lynn Rogers, Senior Arts Program Coordinator, Office of Economic Development, effective July 4, 2026; 25.28* years of service.
Action:
Result:

14-10800

Wed, 10 Jun 2026 20:15:36 GMT

File #: 14-10800
Ver.: 1
Agenda #: o.
Type: Service Retirement
Title: James M. Williams, Maintenance Worker II, Department of Transportation, effective June 20, 2026; 27.25* years of service.
Action:
Result:

14-10831

Wed, 10 Jun 2026 20:15:36 GMT

File #: 14-10831
Ver.: 1
Agenda #: p.
Type: Service Retirement
Title: Howard G. Yeilding, Supervising Applications Analyst, Library Department, effective June 20, 2026; 26.65* years of service.
Action:
Result:

14-10810

Wed, 10 Jun 2026 20:15:36 GMT

File #: 14-10810
Ver.: 1
Agenda #: a.
Type: Deferred Vested
Title: Anastazia E. Aziz, Environmental Services Specialist, Environmental Service Department, effective July 18, 2026; 10.81* years of service.
Action:
Result:

14-10898

Wed, 10 Jun 2026 20:15:37 GMT

File #: 14-10898
Ver.: 1
Agenda #: b.
Type: Deferred Vested
Title: Karen R. Chan, Public Safety Communications Specialist, Police Department, effective July 5, 2026; 12.63* years of service.
Action:
Result:

14-10806

Wed, 10 Jun 2026 20:15:36 GMT

File #: 14-10806
Ver.: 1
Agenda #: c.
Type: Deferred Vested
Title: Dipasusita Chundur, Planner III, Planning, Building and Code Enforcement, effective July 17, 2026; 15.65* years of service.
Action:
Result:

14-10791

Wed, 10 Jun 2026 20:15:36 GMT

File #: 14-10791
Ver.: 1
Agenda #: d.
Type: Deferred Vested
Title: Steven C. Di Noto, Director, City Manager’s Office, effective June 21, 2026; 11.84* years of service.
Action:
Result:

14-10790

Wed, 10 Jun 2026 20:15:36 GMT

File #: 14-10790
Ver.: 1
Agenda #: e.
Type: Deferred Vested
Title: Kevin S. Lee, Building Management Administrator, Public Works Department, effective July 17, 2026; 10.44* years of service.
Action:
Result:

14-10834

Wed, 10 Jun 2026 20:15:36 GMT

File #: 14-10834
Ver.: 1
Agenda #: f.
Type: Deferred Vested
Title: Juana Pereda, Legal Administrative Assistant II, City Attorney’s Office, effective August 9, 2026; 15.75* years of service.
Action:
Result:

14-10792

Wed, 10 Jun 2026 20:15:36 GMT

File #: 14-10792
Ver.: 1
Agenda #: g.
Type: Deferred Vested
Title: Charlene W. Sun, Debt Administrator, Finance Department, effective June 20, 2026; 18.44* years of service. (With Reciprocity - 4.16 CSJ + 14.27 PERS = 18.44 YOS)
Action:
Result:

14-10827

Wed, 10 Jun 2026 20:15:36 GMT

File #: 14-10827
Ver.: 1
Agenda #: a.
Type: Board Minutes Approval
Title: Approval of the Board Minutes of May 21, 2026.
Action:
Result:

14-10828

Wed, 10 Jun 2026 20:15:36 GMT

File #: 14-10828
Ver.: 1
Agenda #: a.
Type: Return Contributions
Title: Voluntary | Involuntary
Action:
Result:

14-10829

Wed, 10 Jun 2026 20:15:36 GMT

File #: 14-10829
Ver.: 1
Agenda #: a.
Type: Communication and Information Report
Title: Report of the Monthly Board Expenses for March 2026. Receive and file.
Action:
Result:

14-10814

Wed, 10 Jun 2026 20:15:36 GMT

File #: 14-10814
Ver.: 1
Agenda #: b.
Type: Communication and Information Report
Title: Public Comment Policy as amended and approved at April 16, 2026 Board Meeting, with subsequent minor revision.
Action:
Result:

14-10808

Wed, 10 Jun 2026 20:15:36 GMT

File #: 14-10808
Ver.: 1
Agenda #: c.
Type: Communication and Information Report
Title: Educational Travel Reports: · 2026 Public Funds Roundtable, Los Angeles, CA, April 27 - 29, 2026 by Anurag Chandra. · 2026 Milken Institute Global Conference, Beverly Hills, CA, May 3 - 6, 2026 by Anurag Chandra. · CALAPRS Virtual Trustee Round Table, May 29, 2026 by Deborah Abbott. · CALAPRS Virtual Trustee Round Table, May 29, 2026 by Nathan Nakagawa.
Action:
Result:

14-10897

Wed, 10 Jun 2026 20:15:36 GMT

File #: 14-10897
Ver.: 1
Agenda #: a.
Type: Travel/Conference Attendance
Title: Matthew Faulkner, Vice Chair · Opal Group Public Funds Summit East, Newport, RI, July 27 - 29, 2026.
Action:
Result:

14-10809

Wed, 10 Jun 2026 20:15:36 GMT

File #: 14-10809
Ver.: 1
Agenda #: b.
Type: Travel/Conference Attendance
Title: John Flynn, CEO · CALAPRS Virtual Administrators Round Table, June 5, 2026. · NCPERS 2026 Advanced Fiduciary (NAF) Institute: Modules 3 & 4, Nashville, TN, October 24 - 25, 2026. · NCPERS 2026 Public Safety Conference, Nashville, TN, October 25 - 28, 2026.
Action:
Result:

14-10916

Wed, 10 Jun 2026 20:15:37 GMT

File #: 14-10916
Ver.: 1
Agenda #: c.
Type: Travel/Conference Attendance
Title: Reimbursement · 2026 Public Funds Roundtable, Los Angeles, CA, April 27 - 29, 2026 - Anurag Chandra. · PRISM 2026 Conference, San Diego CA, May 17-20, 2026 - John Flynn.
Action:
Result:

14-10817

Wed, 10 Jun 2026 20:15:36 GMT

File #: 14-10817
Ver.: 1
Agenda #: a.
Type: Investments
Title: Oral update from the CIO of Retirement Services, Jay Kwon.
Action:
Result:

14-10835

Wed, 10 Jun 2026 20:15:36 GMT

File #: 14-10835
Ver.: 1
Agenda #: b.
Type: Investments
Title: Presentation of Calendar 4th Quarter 2025 private equity report by Neuberger Berman.
Action:
Result:

14-10836

Wed, 10 Jun 2026 20:15:36 GMT

File #: 14-10836
Ver.: 1
Agenda #: c.
Type: Investments
Title: Presentation of Calendar 4th Quarter 2025 private markets report by Meketa Investment Group.
Action:
Result:

14-10837

Wed, 10 Jun 2026 20:15:36 GMT

File #: 14-10837
Ver.: 1
Agenda #: d.
Type: Investments
Title: Presentation of Calendar 1st Quarter 2026 performance report for Pension Plan by Meketa Investment Group.
Action:
Result:

14-10838

Wed, 10 Jun 2026 20:15:36 GMT

File #: 14-10838
Ver.: 1
Agenda #: e.
Type: Investments
Title: Presentation of Calendar 1st Quarter 2026 performance report for Health Care Trust by Meketa Investment Group.
Action:
Result:

14-10839

Wed, 10 Jun 2026 20:15:36 GMT

File #: 14-10839
Ver.: 1
Agenda #: f.
Type: Investments
Title: Discussion and action of the implemented revisions to the Asset Allocation section of the Investment Policy Statement and Resolution number 9134.
Action:
Result:

14-10818

Wed, 10 Jun 2026 20:15:36 GMT

File #: 14-10818
Ver.: 1
Agenda #: a.
Type: Item
Title: Oral update from the CEO of Retirement Services, John Flynn.
Action:
Result:

14-10819

Wed, 10 Jun 2026 20:15:36 GMT

File #: 14-10819
Ver.: 1
Agenda #: b.
Type: Item
Title: Oral update from the City Council Liaison to the Board.
Action:
Result:

14-10833

Wed, 10 Jun 2026 20:15:37 GMT

File #: 14-10833
Ver.: 1
Agenda #: c.
Type: Item
Title: Discussion and action on Gallagher’s Investment Team Compensation Study. Time Certain: 10:00 a.m.
Action:
Result:

14-10909

Wed, 10 Jun 2026 20:15:37 GMT

File #: 14-10909
Ver.: 1
Agenda #: d.
Type: Item
Title: Discussion and presentation of Vision’31 - ORS Action Plan to support the Five-Year Strategic Plan by John Flynn, CEO.
Action:
Result:

14-10913

Wed, 10 Jun 2026 20:15:37 GMT

File #: 14-10913
Ver.: 1
Agenda #: e.
Type: Item
Title: Discussion and action on the FY 2027 Annual Strategic Work Plan for the Office of Retirement Services, covering the first operational year of the Five-Year Strategic Plan.
Action:
Result:

14-10906

Wed, 10 Jun 2026 20:15:37 GMT

File #: 14-10906
Ver.: 1
Agenda #: f.
Type: Item
Title: Discussion and action to approve one full-time overstrength Benefits Division Manager through January 2, 2027.
Action:
Result:

14-10832

Wed, 10 Jun 2026 20:15:37 GMT

File #: 14-10832
Ver.: 1
Agenda #: g.
Type: Item
Title: Discussion and action on the formation of the Joint Ad Hoc Budget Committee to review administrative budget cost allocation, benchmarks, and development of formal budgeting policy recommendations.
Action:
Result:

14-10813

Wed, 10 Jun 2026 20:15:36 GMT

File #: 14-10813
Ver.: 1
Agenda #: a.
Type: Item
Title: Oral update from the Chair of the Investment Committee.
Action:
Result:

14-10812

Wed, 10 Jun 2026 20:15:36 GMT

File #: 14-10812
Ver.: 1
Agenda #: a.
Type: Item
Title: Oral update from the Chair of the Audit/Risk Committee. · Approval of the Q3 2025 amended travel and attendance report for the Federated City Employee’s Retirement System. · Approval of the Q1 2026 travel and attendance report for the Federated City Employee’s Retirement System. · Discussion and action on FY 2025 - 2026 Office of Retirement Services External Audit Plan by Macias Gini & O’Connell (MGO) LLP. · Discussion and action to approve the First Amendment to the agreement with Baker Tilly for internal audit consulting services. · Discussion and action on the Risk Assessment Results and Proposed 5-Year Internal Audit Plan from Baker Tilly. · Discussion and action on the status of outstanding Internal Audit recommendations. · Discussion on status of outstanding Penetration testing recommendations.
Action:
Result:

14-10811

Wed, 10 Jun 2026 20:15:36 GMT

File #: 14-10811
Ver.: 1
Agenda #: b.
Type: Item
Title: Minutes of the Joint Audit Committee meeting from February 19, 2026. Receive and file.
Action:
Result:

14-10896

Wed, 10 Jun 2026 20:15:37 GMT

File #: 14-10896
Ver.: 1
Agenda #: c.
Type: Item
Title: Discussion and action on FY 2025 - 2026 Office of Retirement Services External Audit Plan by Macias Gini & O’Connell LLP (MGO).
Action:
Result:

14-10815

Wed, 10 Jun 2026 20:15:37 GMT

File #: 14-10815
Ver.: 1
Agenda #: d.
Type: Item
Title: Discussion and action to approve the First Amendment to the agreement with Baker Tilly for internal audit consulting services.
Action:
Result:

14-10917

Wed, 10 Jun 2026 20:15:37 GMT

File #: 14-10917
Ver.: 1
Agenda #: e.
Type: Item
Title: Discussion and action on the Proposed Internal Audit Plan for FY 2026 - 2027 from Baker Tilly.
Action:
Result:

14-10820

Wed, 10 Jun 2026 20:15:36 GMT

File #: 14-10820
Ver.: 1
Agenda #: a.
Type: Item
Title: Oral update from the Chair of the Governance Committee.
Action:
Result:

14-10821

Wed, 10 Jun 2026 20:15:36 GMT

File #: 14-10821
Ver.: 1
Agenda #: a.
Type: Item
Title: Oral update from the Chair of the Disability Committee.
Action:
Result:

14-10822

Wed, 10 Jun 2026 20:15:36 GMT

File #: 14-10822
Ver.: 1
Agenda #: a.
Type: Item
Title: Oral update from the Vice Chair of the Joint Personnel Committee.
Action:
Result:

14-10823

Wed, 10 Jun 2026 20:15:37 GMT

File #: 14-10823
Ver.: 1
Agenda #: a.
Type: Education & Training
Title: CALAPRS 2026 Program Calendar.
Action:
Result:

14-10825

Wed, 10 Jun 2026 20:15:37 GMT

File #: 14-10825
Ver.: 1
Agenda #: b.
Type: Education & Training
Title: Quarterly Trustee Education Opportunities Report.
Action:
Result:

14-10824

Wed, 10 Jun 2026 20:15:37 GMT

File #: 14-10824
Ver.: 1
Agenda #: c.
Type: Education & Training
Title: NASRA Annual Conference 2026, Boston, MA, August 8 - 12, 2026.
Action:
Result:

14-10826

Wed, 10 Jun 2026 20:15:37 GMT

File #: 14-10826
Ver.: 1
Agenda #: d.
Type: Education & Training
Title: NCPERS Public Pension Funding Forum, Chicago, IL, August 16 - 18, 2026.
Action:
Result:

14-10920

Wed, 10 Jun 2026 20:15:37 GMT

File #: 14-10920
Ver.: 1
Agenda #: e.
Type: Education & Training
Title: CALAPRS Principles of Pension Governance for Trustees, Santa Barbara, CA, August 24 - 27, 2026.
Action:
Result: